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Thursday, 28 January 21
BUMA PRICED A USD400 MILLION 7.75% 5-YEAR SENIOR NOTES
 PT Delta Dunia Makmur Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama priced a USD400 million 5-year (non-callable 2-year) Senior Notes, following a successful bookbuilding on January 26, 2021, that garnered in excess of USD1.15 billion order from 101 accounts, achieving an oversubscription ratio of 2.9x.
According to press release of the company, the US-Dollar denominated Senior Notes will bear fixed interest of 7.75% p.a., with interest payable semi-annually in arrears. On January 22-25, 2021, the Company and BUMA conducted a virtual roadshow for the Transaction, which included several countries in Asia, Europe and the United States in compliance with Rule 144A and Regulation S under the US Securities Act. J.P. Morgan (S.E.A.) and UBS AG Singapore Branch are the Joint Bookrunners.
The company further said that, the Transaction reflects investors’ continued confidence in BUMA, despite market challenges amidst a global pandemic. Moody’s has assigned a rating of Ba3 (negative) to BUMA whilst Fitch has assigned a rating of BB- (negative) to the Company and Senior Notes.
The net proceeds from the Senior Notes, will be used to fully refinance BUMA’s existing indebtedness under loan facilities with MUFG and BUMA’s 7.75% Senior Notes due 2022. This exercise enables BUMA to extend its debt maturity profile, reduce amortization and improve cash flow, and allows for increased operational flexibility to support BUMA’s future growth.
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Saturday, 11 September 21
CIL STEPS UP SUPPLY COAL TO POWER SECTOR; PER-DAY AVERAGE 20 PC HIGHER THAN LAST YEAR - PTI
State-owned CIL on Friday said it has stepped up the supply of coal to the power sector in the first eight days of the current month, with an avera ...
Saturday, 11 September 21
RECORD CHINESE COAL FUTURES SIGNAL NEED TO BOOST OUTPUT - REUTERS
China’s coal prices have climbed to a record high, signaling the need for more production in the short term, even as the government tries to ...
Saturday, 11 September 21
IN 2022, EIA EXPECTS U.S. COAL PRODUCTION TO INCREASE BY 47 MMST TO 648 MMST
U.S. Coal production accordng to EIA's forecast, totals 601 million short tons (MMst) in 2021, 66 MMst more than in 2020, EIA's Short-Term ...
Wednesday, 08 September 21
FITCH RATINGS RAISES THERMAL COAL PRICE ASSUMPTIONS ON TIGHT SUPPLY
Fitch Ratings has increased all its Qinhuangdao 5,500kcal/kg price assumptions and short- and medium-term Newcastle 6,000kcal/kg price assumptions ...
Wednesday, 08 September 21
COAL IS STILL KING; INDONESIAN COAL PRICE REFERENCE ABOVE $150 FOR FIRST TIME IN HISTORY
COALspot.com: The Indonesian Coal Price Reference rose dramatically from US$ 127.05 in February 2011, to a peak of US$ 150.03 in September 2021, be ...
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- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- The University of Queensland
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Coalindo Energy - Indonesia
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- ASAPP Information Group - India
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Thai Mozambique Logistica
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Minerals Council of Australia
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Rio Tinto Coal - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
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